Pinkerton Wealth LLC Takes Position in SoFi Technologies, Inc. $SOFI

Pinkerton Wealth LLC bought a new position in SoFi Technologies, Inc. (NASDAQ:SOFI) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 41,912 shares of the company’s stock, valued at approximately $1,107,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of SoFi Technologies by 12.5% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 4,879,959 shares of the company’s stock valued at $88,864,000 after buying an additional 540,610 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in SoFi Technologies in the 2nd quarter worth approximately $209,000. Vanguard Group Inc. increased its holdings in SoFi Technologies by 6.8% in the 3rd quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock worth $2,829,640,000 after acquiring an additional 6,814,727 shares in the last quarter. Quantbot Technologies LP bought a new stake in SoFi Technologies during the 2nd quarter worth approximately $25,699,000. Finally, Marex Group plc bought a new stake in SoFi Technologies during the 2nd quarter worth approximately $11,179,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Truist Financial dropped their price target on shares of SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Needham & Company LLC decreased their price objective on shares of SoFi Technologies from $36.00 to $33.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Barclays lifted their target price on shares of SoFi Technologies from $23.00 to $28.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group dropped their target price on shares of SoFi Technologies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, January 6th. Finally, UBS Group set a $24.50 price target on SoFi Technologies in a research note on Monday, February 2nd. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, SoFi Technologies currently has an average rating of “Hold” and a consensus target price of $26.34.

SoFi Technologies Trading Down 0.6%

SOFI stock opened at $18.79 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.78 and a quick ratio of 0.18. SoFi Technologies, Inc. has a 1-year low of $8.60 and a 1-year high of $32.73. The business has a 50 day simple moving average of $22.79 and a two-hundred day simple moving average of $25.86. The company has a market capitalization of $23.96 billion, a price-to-earnings ratio of 49.45 and a beta of 2.21.

SoFi Technologies (NASDAQ:SOFI) last released its quarterly earnings data on Friday, January 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $984.75 million. During the same quarter last year, the business posted $0.05 earnings per share. The company’s revenue for the quarter was up 39.6% compared to the same quarter last year. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. Research analysts anticipate that SoFi Technologies, Inc. will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Eric Schuppenhauer purchased 5,000 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were acquired at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the purchase, the executive vice president directly owned 228,768 shares in the company, valued at $4,559,346.24. This trade represents a 2.23% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Jeremy Rishel sold 91,837 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $26.64, for a total transaction of $2,446,537.68. Following the transaction, the chief technology officer directly owned 794,598 shares of the company’s stock, valued at $21,168,090.72. This trade represents a 10.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 214,753 shares of company stock worth $5,045,087 in the last 90 days. 2.60% of the stock is owned by company insiders.

About SoFi Technologies

SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.

SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.